Soltoro charges ahead in sunny Jalisco
Soltoro (SOL-V) may soon be garnering more well-deserved attention for its growing primary silver resource at the El Rayo silver-gold project here in Mexico’s Jalisco State.
Volume 97 Number 49 Jan 23 - 29, 2012
Trevali opens Halfmile mine in NB
Trevali Mining (TV-T) has kicked off the new year by transitioning from a development-stage company to a producer, by starting up the Halfmile polymetallic massive sulphide mine near Bathurst, N.B.
African Metals held up by violence and rain
National elections in the Democratic Republic of the Congo (DRC) have held up African Metals (AFR-V) in the development of its Luisha South copper and cobalt project.
Smash Minerals, Prosperity Goldfields to merge
When Adrian Fleming, co-founder of the wildly successful Underworld Resources, listened to a presentation at his Vancouver office in November last year from Prosperity Goldfields’ (PPG-V) chief geologist Quinton Hennigh about a prospect in…
Correction
In “PDAC 2012 Awards” (TNM, Jan. 16-22, 2012, Page B14) the date of the awards evening should have read March 5, 2012.
Market news
Toronto Stock Exchange
Auracle shares pop 51% before drill results
Shares of new Vancouver-based gold explorer Auracle Resources (AAL-V) spiked 51% last week to 46¢ apiece before the company releasing assay results from a first round of drilling at its Mexican Hat gold property in Arizona.
Korean consortium buys into Inmet’s Cobre Panama
Korea Resources and LS-Nikko Copper are exercising their option for a 20% stake in Inmet Mining’s (IMN-T) Cobre Panama, a large, open-pit copper development project in Panama.
Prophecy Platinum starts winter drill program at Wellgreen
Fifteen kilometres off the paved Alaska Highway in southwestern Yukon, the Wellgreen nickel-copper-platinum group metal (PGM) project sits largely as it has since 1973, when Hudson-Yukon Mining abandoned underground mining there after one year…
Editorial: Eurodebt shockwaves to hit Canadians
Mid-January served up a good example of how downward lurches in the world’s sovereign debt crises don’t automatically translate into upswings in gold and silver prices.
Commentary: Major investments return to BC
B.C. is on the cusp of regaining its rightful position as one of the best jurisdictions in the world to explore and develop mineral resources.
People
Bear Creek Mining – Lisa May appointed director of investor relations.